Thomas Piketty
Democracy will never be supplanted by a republic of experts—and that is a very good thing.- Thomas Piketty
About MeI was born in Clichy, Hauts-de-Seine in 1971. I entered the École Normale Supérieure (ENS) at the age of 18, where I studied mathematics and economics. I was awarded Ph.D for a thesis on wealth redistribution at age 22! I am famous for my book" Capital in the Twenty-First Century. My works focuses on economic inequalities
Some positions I held: 1993-1995 - assistant professor in the Department of Economics at the Massachusetts Institute of Technology. 1995- researcher at the French National Centre for Scientific Research (CNRS) 2000- Director of studies at "École des Hautes Études en Sciences Sociales" (EHESS) 2006 - Now- Head of the Paris School of Economics ( which I helped set up ) Awards: 2002- prize for the best young economist in France 2013- Biennial Yrjö Jahnsson Award |
InfluencesAlong with 42 other people, I co-authored an open letter to support him, and he won!
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My Works
Capital in the Twenty-First Century (2014)
In this book, I focused on the inequality in Europe and the US since the 18th century, namely on wealth and income inequality. I believe that capitalism is the main cause to wealth and income inequality and government intervention is the way to overcome this issue. Capitalism without any form of intervention may bring inequality to an even extreme extent that will stir discontent and even threaten the democratic order. Therefore, I believe in government intervention for an even economy.
High incomes in France in the 20th Century (2001)
This is a research project on high incomes in France, which covers the whole of 20th century.
Patrimonial capitalism
I believe that the increase in wealth inequality will lead to the rise of "Patrimonial capitalism", which states that a few families control most of the wealth.
I DO NOT BELIEVE IN
The Laffer curve -
After conducting a stastistical survey, I believe that the Laffer curve does not apply to France. Instead, I believe that a lower marginal tax rate motivates talented workers to risk their reputations and stature to earn more money. Thus, a high tax rate would encourage workers to earn more.
In this book, I focused on the inequality in Europe and the US since the 18th century, namely on wealth and income inequality. I believe that capitalism is the main cause to wealth and income inequality and government intervention is the way to overcome this issue. Capitalism without any form of intervention may bring inequality to an even extreme extent that will stir discontent and even threaten the democratic order. Therefore, I believe in government intervention for an even economy.
High incomes in France in the 20th Century (2001)
This is a research project on high incomes in France, which covers the whole of 20th century.
Patrimonial capitalism
I believe that the increase in wealth inequality will lead to the rise of "Patrimonial capitalism", which states that a few families control most of the wealth.
I DO NOT BELIEVE IN
The Laffer curve -
After conducting a stastistical survey, I believe that the Laffer curve does not apply to France. Instead, I believe that a lower marginal tax rate motivates talented workers to risk their reputations and stature to earn more money. Thus, a high tax rate would encourage workers to earn more.